Photo, above:  The shooting of 14-year-old Malala Yousafzai has been denounced worldwide.  Malala Yousafzai was shot by the Taliban while on her way back from school. One bullet was lodged in her head and one near her spine, and it took a lot of effort for the doctors to save her life. After receiving initial treatment from Pakistan, Malala was flown to the UK on Monday for further treatment. The doctors in Britain are now saying that Malala has every chance of making a “good recovery.” Meanwhile, the Taliban have said that they are going to try and kill Malala Yousafzai again if she recovers. Due to the sensitive nature of this case, and the Taliban's open threat against her, Malala is being held under tight security.

The Pakistani Taliban, al-Qaida and Muslim conservatives in Pakistan are struggling to justify their action for the attempted killing of 14-year-old Malala Yousafzai, calling her a "spy of the West." An overwhelming majority of the Pakistani nation’s citizens is protesting against the attempted killing of Malala, and for the first time, the Taliban are attempting to justify their action.  According to the latest reports, Tehrik-e-Taliban Pakistan, al-Qaida and conservative groups in Pakistan have launched a massive campaign in order to justify the attempted murder of Malala Yousafzai. In response to the shooting of the teenage girl from Swat, there have been widespread protests against the Taliban in the country, and the Taliban are trying to calm the situation by justifying their action.  On Tuesday, al-Qaida's media wing released a three-page leaflet in the tribal areas of Pakistan to state why there was a need to kill Malala Yousafzai. In it, the Taliban deny that they attempted to kill the girl for advocating education for girls. Instead, they said that Malala was targeted because she was a “spy of the West” and that she had denounced jihad.

JOHN BATCHELOR SHOW

Co-hosts: Gordon Chang, Forbes.com, and David Livingston, The Space Show

Wednesday 905P Eastern Time (605P Pacific Time): Charles Ortel, Managing Director of Newport Value Partners, in re: Pres Obama: "The Projectionist" – projecting the image of being a jobs protector.

Downgrade for all continents for 2013. We need to read statistics out of China –  or any sovereign – with much scepticism. Situation in China and around the world is grim.  World finance industry is on a momentary sugar high that'll be a real hangover real soon.  If all nations go into the tank in 2013, hard times coming. May be entering an environment that cd be similar to 1933. Investors will continue to pull money out of fiat currencies and opaque financial investments. Correction cd come very, very rapidly. Thomas Carlyle: "If you teach a parrot the words "supply & demand," you have an economist."  Outsourcing is a brutal reality of the private sector. There exists a global labor glut. Expensive workers everywhere will be replaced by Chinese or Indians or robots.  Protectionism:  been shown not to work in the long run. In an open, global envt such as we have now, protectionism does not work. Seems not to work at all in public sector. In 1930s, countries retaliated, but we need to do it not to punish our friends, such as Ireland.  China is buying companies all over the world – but may not in future because their miracle has run out of steam. We need to think carefully how to protect the US.  Investors will re-price equities; the second we resort to protectionism, how d'you think China will react to GE?  If corp income tax rate went down to 10% - lowest in the advanced world – watch us soar!

Wednesday 920P Eastern Time (620P Pacific Time): Bhuchung Tsering, Vice President for Special Programs for International Campaign for Tibet, in re: the brutes of Beijing for the last 60 years have tormented and now jailed the people of Tibet. Self-immolations, monks, nuns, young and old people, because of the Chinese tyranny. Fresh good news: 50 cities and town in France have adopted villages and towns in Tibet.   Bhuchung Tsering comes from a village that's been adopted, Fari in southwestern Tibet.  One of the highest villages in the world; used to be a  trading post:  India and Central Tibet. 

Wednesday 935P Eastern Time (635P Pacific Time): Hotel Mars, episode n. Stephen S. Fuller, Director, Center for Regional Analysis, George Mason University, and David Livingston, Space Show, in re: sequestration and its impact on DOD/aerospace.  Will soon eat up everything that supports US in space.  The suspension of federal spending, beginning 2 Jan 12013, of about 9% of the federal budget.  Grave uncertainty among all federal managers concerning any new program. All in limbo – confusion, inefficiency, hard to stop many of these programs. Expect 30,000 layoffs immediately.  California to lose 235,000 employees as a result of sequestration.  Also, 48,000 DoD employees to go swiftly. Will cut into services for civilians, incl air traffic controllers. Throughout the entire US economy. Virginia is No. Two in the US in depending on federal spending – about 1/3 of its economy, esp in Northern VA.

Wednesday 950P Eastern Time (650P Pacific Time): Sadanand Dhume, AEI, in re: Malala Yousafzai. A child soldier in the war for Pakistan: fourteen-year-old Malala Yousafzai stood up for modernity. Few others do.  She was shot in the head by a Talib because she'd been encouraging school attendance "These are barbaric people." In Afgh, tens and hundreds of thousands of girls have been able to attend school because of US intervention. CG: What's the difference between supporting he Pakistani govt and supporting the Third Reich? We're trying to keep communications open because they have nuclear weapons. There are some Pakistanis who purpose the Taliban but have not done so adequately.  The ISI continues to hold to the insane notion that they can work intimately with both murderous gangs and liberal society.

Wednesday 1005P Eastern  (705P Pacific Time): Perry Link, professor at University of California Riverside, in re: Mo Yan, who's just been awarded the Nobel Prize for Literature.  In June of this year he copied Mao's talks from Yunnan – honoring a document that put Chinese writers in shackles for years. He may not admire Mao, but he does stuff like this to stay in good graces with the tyrants. The regime wants these emblems to show that the world in ratifying their tyranny, but keep stubbing their toes: Liu Xiaobo and HH The Dalai Lama got the Nobel Peace Prize. [much info on Liu and his wife]

Mo Yan means Don’t Speak in classical Chinese, from his youth in the Cultural Revolution. When Mr Don’t Speak accepts his prize, what'll he say?  Probably read a prepared statement prepared by the Party (under the aegis of the Writers Assn). Do not anticipate a deep or moving statement; likely to be plodding bureaucratese, as he did in a recent Frankfurt statement.   http://www.csmonitor.com/World/Latest-News-Wires/2012/1012/Nobel-laureat...

Wednesday 1020P Eastern (720P Pacific Time): Naomi Rovnick, Quartz / qz.com (a new business and politics digital-only news service by Atlantic Media), in re:  Tyrants said they'd bld 20 cities in the next 20 years – but they won’t have people to inhabit all the new apartments. The Chinese billionaires – have more wealth than in all of Ireland – these are        . The richest guy started out his empire selling lollypops, got a big break when the local town govt allowed him to take over a bz. Having Party connections really, really helps.  Like the post-Soviet land grab in Russia. They cd lose it in a second if the Party turns on them.

Wednesday 1035P Eastern  (735P Pacific Time): Gordon Chang, in re: The president imposed surge tariffs said to have saved a thousand jobs. Remarks on dumping, esp in connection with tires.  Gov Romney in debate said: "I'll crack down on China and dramatically expand trade in South America." Also said that on his first day in ofc he'll label China a currency manipulator, Treasury Dept twice a year is obliged to produce a list of currency manipulators, but Pres Obama has done naught.  This list must be released by 15 Oct; says it refuses to release the report till after the elections. Obama Administration, like Bush Adm before it, believes this will cause disruptions with Beijing.  Every single bz day, the Chinese central govt sets a value on the renminbi.  If China sees that US wont be careful on modest affairs, won’t take a stand, it'll be intransigent on much more important issues.  [Ed. note: military? Ships in South Chinas and East China Seas?]  Grievous loss to US, incl many American jobs, because of massive intellectual property theft by China, more or less overtly.   A1233 Co., battery-maker,  in Michigan has filed for bankruptcy; China wanted to buy it but US govt refused: some sensitive technology in there, and US govt had  helped fund their research. Chinese steal intellectual property to compete, incl with an unfair advantage: vide solar panels, wind turbines, et al.  Can we do bz w China without being robbed? Possible, but we need to be much more  [protective]; Beijing has been behind much theft and huge cyberespionage.  We need to have the will to stand up and say so.

Wednesday 1050P Eastern (750P Pacific Time): Joseph Sternberg, Asia Wall Street Journal, editorial board, in re: consumption in Chinese economy; also diminution of Chinese GDP. Official no is 7.4% GDP; Gordon Chang, official enemy of the state in China, says: zero growth.   Electricity consumption is at 2.9% growth in the third quarter. AN executive at one of China's state-owned banks: "We're not at the bottom yet."

 Chinese malinvestment in public works!  They do need bridges, airports, railroads – but need to be blt where they're needed. China for years ahs had a big problem with this: invested in a lot of bad projects; are back where they were before. Was spending $7 for every $1 of growth.  In Japan, similar, and led to two decades of stagnation. A big difference is when: Japan ran out of steam in the late '80s when it was already a dvpd economy; slowdown comes to China when 100s of millions of people live impoverished in the countryside. Cd turn an economic problem into a political problem for the Party.   Chinese problems no longer can be covered up.  Obama Adm has delayed issuing a report on Chinese currency manipulation;  Joseph Sternberg sees exchange rate as not as important, that imposition of trade sanctions on China would be bad for both China and the US. Need to hammer Beijing to open its market to more imports from the US.

Wednesday 1105P  Eastern (805PPacific Time): Mary O’Grady, WSJ, in re: is Castro dead?

Wednesday 1120P Eastern (820P Pacific Time): William McGurn, WSJ, in re: debate disappointments and mysteries: why did Obama fade in the eyes of his supporters? Romney: the government does not create jobs. 

Wednesday 1135P Eastern  (835P Pacific Time): Castro's Secrets: The CIA and Cuba's Intelligence Machine by Brian Latell; 1 of 2

Wednesday 1150P Eastern  (850P Pacific Time): Castro's Secrets: The CIA and Cuba's Intelligence Machine by Brian Latell; 2 of 2

Wednesday/Thurs 1205A  Eastern (905 Pacific Time): Charles Ortel, Managing Director of Newport Value Partners, in re: Pres Obama: "The Projectionist" – projecting the image of being a jobs protector.

Downgrade for all continents for 2013. We need to read statistics out of China –  or any sovereign – with much scepticism. Situation in China and around the world is grim.  World finance industry is on a momentary sugar high that'll be a real hangover real soon.  If all nations go into the tank in 2013, hard times coming. May be entering an environment that cd be similar to 1933. Investors will continue to pull money out of fiat currencies and opaque financial investments. Correction cd come very, very rapidly. Thomas Carlyle: "If you teach a parrot the words 'supply & demand,' you have an economist."  Outsourcing is a brutal reality of the private sector. There exists a global labor glut. Expensive workers everywhere will be replaced by Chinese or Indians or robots.  Protectionism:  been shown not to work in the long run. In an open, global envt such as we have now, protectionism does not work. Seems not to work at all in public sector. In 1930s, countries retaliated, but we need to do it not to punish our friends, such as Ireland.  China is buying companies all over the world – but may not in future because their miracle has run out of steam. We need to think carefully how to protect the US.  Investors will re-price equities; the second we resort to protectionism, how d'you think China will react to GE?  If corp income tax rate went down to 10% - lowest in the advanced world – watch us soar!

Wednesday/Thurs  1220A Eastern (920 Pacific Time): Bhuchung Tsering, Vice President for Special Programs for International Campaign for Tibet, in re: the brutes of Beijing for the last 60 years have tormented and now jailed the people of Tibet. Self-immolations, monks, nuns, young and old people, because of the Chinese tyranny. Fresh good news: 50 cities and town in France have adopted villages and towns in Tibet.   Bhuchung Tsering comes from a village that's been adopted, Fari in southwestern Tibet.  One of the highest villages in the world; used to be a  trading post:  India and Central Tibet. 

Wednesday/Thurs  1235A  Eastern (935P Pacific Time): Ken Croswell, in re: the new planet at Alpha Centauri B, at 4.37 years.

 

Wednesday/Thurs  1250A  Eastern (950P Pacific Time): Exeunt. Peter Coy, Bloomberg Businessweek, in re: what was the Great Depression? 

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Music (using New York City broadcast times)  

9:00 hour:   Vendetta; The X-Files; Skyline; Girl with the Dragon Tattoo.

10:00 hour:  Girl with the Dragon Tattoo.

11:00 hour:  Zorro; Girl with the Dragon Tattoo; Die Another Day.

midnight hour:     

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